I have been working in a private firm since July 2008 (6 years, 4 months, 15 days). Below is my salary breakup:
- Basic: 18633
- HRA: 9317
- Conv. Reimbursement: 800
- Medical Reimbursement: 250
- Total Salary: 30000
- P.Tax: 200
- Net Salary (One Month): 29800
As you can see, there is no DA mentioned. Can this absence affect the gratuity amount? If so, how? How do I calculate gratuity from the above details?
From India, Pune
- Basic: 18633
- HRA: 9317
- Conv. Reimbursement: 800
- Medical Reimbursement: 250
- Total Salary: 30000
- P.Tax: 200
- Net Salary (One Month): 29800
As you can see, there is no DA mentioned. Can this absence affect the gratuity amount? If so, how? How do I calculate gratuity from the above details?
From India, Pune
Gratuity Formula = Basic + DA / 26 days x No of yrs of completed service. For your case Rs.18633 x 6 yrs / 26 = Rs. ............. Regards S Rajasekaran
From India, Madras
From India, Madras
Gratuity = Last Basic Drawn*15/26*No. of Years Service = 18,633*15/26*6 =Rs.64,499/-
From India, Chennai
From India, Chennai
Since DA is not mentioned, you may calculate by hthe formulae mentioned by Ms. Sharma.
From India, Chandigarh
From India, Chandigarh
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